Objective
Satellites are the backbone of our communication system, with over 5,500 satellites carrying signals across the world. However, once satellites reach orbit, there is no way to inspect, upgrade or repair them. D-Orbit presents GEA, a disruptive spacecraft to be operated in geostationary orbit for in-orbit servicing (IOS) of commercial satellites. The spacecraft will be equipped with a robotic arm with 7 degrees-of-freedom and 3 mm accuracy. GEA also includes electric propulsion, navigation and altitude control subsystems specifically designed to capture and maneuver customer satellites. Thanks to this innovation, D-ORBIT will provide diverse IOS such as life extension and orbital relocation. Satellite operators will be able to extend the life of their satellites by up to 3 extra years (25-50% of the current lifetime, but the extension can go up to 7 years with GEA), achieving extra revenues with their existing assets of €20M per year. We target to capture up to 25% of the serviceable 33 GEO satellites with end of life in 2027-2030 for the initial service offering that would provide us with over €530 million in cumulative revenues by 2030 from IOS. Nonetheless, we are unable to fund this risky deeptech innovation from private investment in the current market landscape. Therefore, we request this funding from the EIC for the ASTROLIFT project, in the form of €2.5M in Grant and €15M in Equity.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology mechanical engineering vehicle engineering aerospace engineering astronautical engineering spacecraft
- engineering and technology mechanical engineering vehicle engineering aerospace engineering satellite technology
You need to log in or register to use this function
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
22037 Fino Mornasco Co
Italy
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.